Strong and capable of mowing their own lawns efficiently

Reference no: EM13754746

Should Lebron James mow his own lawn? Most pro athletes are strong and capable of mowing their own lawns efficiently.

Suppose Lebron can do the job in 3 hours, or he can hire a gardener, Pat, to do it in 4 hours. Pat charges $25 an hour. Who should do the job, Lebron or Pat?

Explain. Be sure to use some economic concepts in your post.

Reference no: EM13754746

Questions Cloud

Principle underlying the global economic system : Write a 1-2 page essay describing the fractional reserve system. Ensure you clearly elucidate the fundamental principle underlying the global economic system, and how the global economy essentially lives on debt.

Subjective perspectives-decision-making process : Explain how objective versus subjective perspectives influences the decision-making process. What role do you think this variable has played in all the negotiations conducted and decisions made by US Companies and the Japanese Companies?

Calculating tax cost : Microtech Software Corporation (MSC) was founded in 2001. The founder, Chan Li, studied at MIT and worked for a large software corporation before returning to his hometown, Centervale, to set up his own company

Use of foreign key : If a foreign key contains either matching values or nulls, the table(s) that make use of such a foreign key is/are said to exhibit __________ integrity

Strong and capable of mowing their own lawns efficiently : Should Lebron James mow his own lawn? Most pro athletes are strong and capable of mowing their own lawns efficiently.

Taxation research and communication : The current tax law system in the United States has emerged over many years from statutory, administrative, and judicial sources. These sources are continually changing and new laws are introduced at least annually.

Outline the impact of the cancer center : The Board of directors is concerned with taking on the additional debt of the Cancer Center. They have tasked the CFO with developing a financial plan and strategic plan that will outline the impact of the Cancer Center. They want you to address t..

What could be more technologically routine these days : The issue needs to be discussed, thought through, and resolved. That is why we study cases like this, so we can think these things through and try to respect the family, the deceased, and the needs of society - Should Justin Ellsworth's parents hav..

Calculate the company current ratio : Using information from the balance sheet and income statement, calculate the company's current ratio and the profit margin ratio.

User Account

All Pages